Pictured here is a cargo ship sailing from China’s Yantai port to Indonesia on April 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China can’t easily rely on its...
News
China’s factory deflation steepens as demand wanes
By Joe Cash BEIJING (Reuters) – China’s factory gate prices fell at the fastest pace in seven years in May and quicker than forecasts, as faltering demand weighed on a slowing manufacturin...
Cathie Wood invests $19.9m in Jack Dorsey’s Block
ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory act...
Breaking News: EU’s MiCA Law To Shake Up Cryptocurrency Industry!
Key Points: The European Union’s Markets in Crypto Assets law (MiCA) is set to take effect, starting the clock ticking for landmark crypto licensing rules to take effect. The full law requires crypto ...
Bitcoin (BTC) Dominance on the Rise as Cardano (ADA) Slips 4% (Market Watch)
Bitcoin’s dominance over the altcoins has gained roughly 1% in just a few days amid the latest developments on the SEC-crypto industry front. Several altcoins have retraced today, including Cardano, w...
Lens Protocol raises a funding amount of $15 million
Lens Protocol has successfully managed to raise for itself the amount of $15 million, in terms of funding, with the able support of Aave Companies, which is a technology-based entity that is actively ...
Tether Gold and Euro: listed on Uquid
Tether Gold (XAU₮) and Euro Tether (EUR₮) have been listed on Uquid, an innovative e-commerce platform that is bringing decentralized finance (DeFi) and Web3 to the world of online retail shopping. T...
Protocol Labs Rebuts SEC Allegations: Filecoin Is Not a Security
Key Points: According to Protocol Labs, Filecoin is a worldwide storage network fueled by cryptocurrencies, not securities. In response to the SEC’s definition of FIL in its enforcement proceedings ag...
OKX Burns $244 Million of OKB Tokens In Record Supply Cut
Key Points: Crypto exchange OKX burns $244 million worth of OKB tokens, the largest value since the monthly program started. Roughly 5.5 million tokens removed from the supply. OKX claims the value of...
XRP Holders’ Lawyer Wants to Represent Coinbase and Binance Customers: Details
Godfrey Benjamin Attorney John Deaton is willing to file amicus brief on behalf of Coinbase and Binance customers Contents Deaton’s position Next moves Reality has set in, with both Binance and ...
Why the US is waging war on Binance, Coinbase
In this issue Binance/Coinbase: Massive attack Solana NFTs: Bested by Bitcoin Hong Kong crypto: Regulatory rollout From the Editor’s Desk Dear Reader, The U.S. Securities and Exchange Commission has p...
Stacks Price Prediction 2023-2030: Will STX Price Hit $1.5 Soon?
Bullish STX price prediction ranges from $0.200 to $1.5. Analysis suggests that the STX price might reach above $1.2550. The STX bearish market price prediction for 2023 is $0.2235. What is Stacks (ST...
John Deaton Invites Crypto Users to Stand Against the SEC
Crypto lawyer John Deaton has invited users of Coinbase and Binance to take a stand against the SEC. Deaton plans to file an amicus brief to inform the judge that the SEC is not working in the best in...
The Potential Benefits Cryptocurrency Could Bring to Underdeveloped Countries
The new digital asset class known as cryptocurrency has the potential to significantly alter several industries all over the world. While its effects are already being felt in rich countries, the adop...
Benefits of Upcoming Lending Protocol on Shibarium Unveiled
The Shiba Inu community recently got a glimpse of the benefits of Canis, an upcoming lending protocol designed for Shibarium. As the launch of Shibarium inches closer, developers are looking to build ...
Richard Heart’s HEX Project is Flailing as Token Prices Dive
The much-hyped HEX project by controversial crypto participant Richard Heart is falling apart in terms of token prices. Richard Heart’s HEX token has tanked below a cent for the first time since March...
Bedrock Upgrade Success As A Gas Fee Optimism Dropped Exceeds Expectations
Key Points: After Optimism’s Bedrock major upgrade, gas charges for services have dropped significantly. DEX Trade gas saved 55% compared to before upgrade, NFT Mint saved 62%, NFT Trade saved 45%, pe...
Boeing Is Rising Again as Travel Rebound Lifts Aviation Stocks
Text size The fan blades of a GEnx aircraft engine. The GEnx powers Boeing’s 787 aircraft. Paul Thomas/Bloomberg Shares of Boeing and other aerospace-related companies are flying higher, riding an upd...
Russia: Sberbank offrirà servizi di trading crypto
Good news for the blockchain industry from Russia, whose largest bank, Sberbank, has confirmed that it will offer crypto trading services. Below are all the details. News from Russia: crypto trading ...
QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
(Bloomberg) — The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields...
Top 4 Most Recent Crypto Black Swan Events (Scandals)
In recent months, a number of “black swan” incidents have shaken the cryptocurrency space, resulting in the loss of billions of dollars in investor assets. The top 4 most recent events are listed belo...
Binance.US to suspend USD deposit and halt fiat withdrawals
Binance.US has announced that it will suspend the deposit of the US Dollar, and its banking partners will halt the withdrawal of fiat currency from the platform. This is tentatively expected to go int...
Alderoty Says “Ripple Owes a Debt of Gratitude” to Former SEC Chairman
Ripple General Counsel commended former SEC Chairman Harvey Pitt for explaining the procedures of an enforcement action. Following the demise of former SEC Chair Harvey Pitt, Ripple’s General Counsel ...
Ethereum Developers Finalise ‘Dencun’ Upgrade, Revolutionising Transaction Costs and Scalability
Ethereum, the world’s second-largest cryptocurrency by market capitalization, is on the cusp of a significant upgrade known as ‘Dencun.’ The Ethereum developers have now finalized the complete set of...
FBI Arrests Real Estate Developer Linked To Texas AG Ken Paxton’s Impeachment
Topline The real estate developer accused of bribing Texas Attorney General Ken Paxton was taken into custody by federal investigators Thursday, marking the latest development in the controversy that ...
Binance.US to go ‘crypto-only’ as banking partners cut ties
Binance.US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its payment and banking partners suspended USD channels due to the Securities and Exchange ...
Top Crypto Trader Says Ethereum Could ‘Easily’ Surge by Double Digits, Updates Outlook on XRP and Dogecoin
A leading crypto trader is expressing bullish sentiment on the second-largest crypto asset by market cap, Ethereum (ETH). Pseudonymous analyst DonAlt tells his 51,000 YouTube subscribers that Ethereum...
‘Filecoin Is Not an Investment Contract,’ Asserts Protocol Labs
Open-source R&D Lab Protocol Labs has defended Filecoin with respect to the SEC’s statements, saying that the FIL token is not a security. Filecoin developer Protocol Labs published a lengthy Twit...
gumiのシンガポール子会社、Sui（SUI）のバリデータに参加
gC Games SingaporeがSuiのバリデータ参画 gumi（グミ）のブロックチェーン事業を展開するシンガポール法人の連結子会社gC Games Singaporeが、新興レイヤー1ブロックチェーンSui（スイ）のバリデータ参画とノード運営の開始を6月9日発表した。 Suiはメタ（Meta）のブロックチェーン研究開発部門であるディエム（Diem）の元リードエンジニアたちによって設立された...
Ripple Price Analysis & Prediction (June 9th) – XRP Bounces Back from Minor Dip, Gains 3% Today
Ripple (XRP) Following the past month’s recovery from $0.48, Ripple (XRP) posted a 10% gain and remained bullish ever since. The price has also recovered from Monday’s dip, looking set to catch more g...
How can DAOs Bring Power to the People? – Cryptopolitan
In a world where power and decision-making have often been concentrated in the hands of a few, the emergence of Decentralized Autonomous Organizations (DAOs) has sparked a glimmer of hope for a more i...
US House Releases Stablecoin Bill To Bring Clarity & Giving Fed Authority
The US House Financial Services Committee has released a draft stablecoin bill in bipartisanship between House Republicans and Democrats. The full Financial Services Committee hearing on Tuesday aims ...